HN — The Secretary of state for Construction continues to be aiding the neighborhood building material market in working with low consumption and enormous stockpiles, a ministry official has stated.Le Van Toi, mind from the Building Material Department, stated to resolve difficulties associated with consumption, the ministry had attracted up many programmes to eat cement along with other building materials, including someone to build concrete streets yet others on marketing construction of social houses.At
A wood production type of Trong Container Production and Commerce Co in Ha Noi's Quoc Oai District. Locally created wood materials will replace imported materials by 2020. — VNA/VNS Photo Trong Dat HCM CITY — The Federal Government intends to develop 8.4 million ha of forest by 2020 to create 22 million cu.m of wood of numerous kinds to make sure sufficient supply for domestic production activities, based on the Handicraft and Wood Industry
Domestic shrimp exporters will boost their shipments to Asian markets this year as seafood consumption demand was forecast to surge in the region, said general secretary of the Vietnam Seafood Exporters and Producers, Truong Dinh Hoe.
The US group Nike has affirmed Vietnam as its key production base, said Nick Athanasakos, vice president in charge of global sourcing and manufacturing.
HCMC – The year’s last quarter is normally the peak season for housing construction but the market of building materials has been quiet since mid-October with a strong drop in demand.
Feed and raw material import turnover increased by 4 per cent in November to reach US$160 million, according to the Ministry of Agriculture and Rural Development.
The Ministry of Industry and Trade and the Viet Nam Plastics Association have called on the plastics industry to focus on producing raw materials and additives in order to reduce imports.
The construction materials market remained quiet despite hopes from producers and traders that the sales volume would surge, as demand has been known to increase late in the year.
Declining steel prices and the devaluation of the domestic currency have made it difficult for steelmakers to meet their business targets for the year, and share prices of many steelmakers have plunged accordingly over the past six months.
Hanoi's consumer price index (CPI) increased by 0.13 percent in October against last month, a 20.43 percent increase over the same period last year, the Hanoi Statistics Office announced on Oct. 19.
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